HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings plc has announced the automatic reinvestment of its first interim and special dividends for 2024 into additional shares for its Persons Discharging Managerial Responsibilities (PDMRs). The transactions were conducted at a share price of £6.86296, with various PDMRs acquiring differing amounts of shares, a move that could signal confidence in the company’s stock performance. The announcement complies with the UK’s Market Abuse Regulation, ensuring transparency in the financial activities of the company’s management.
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